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News. jpmorgan's $2 billion loss ahead of the bank jamie dimon is under fire. looks like we will see the chief investment officer drew resign. what's this mean for people seeing these headlines back at home? >> not a lot at the moment. it means that jpmorgan's risk controls were not terribly good in their chief investment office where they put to work money that's going currently, $360 billion. presumably they were hedging their risks in the european debt markets. now, when your hedge costs you more than $2 billion, it may not really be a hedge. it raises a couple of questions. one, was the ba...

the surge just in time for an election year. and scientists find earth's evil twin far, far away. the size is right, but strange life might sizzle on this "american morning." -- captions by vitac -- www.vitac.com all right. good morning, everyone. it is wednesday, december 21st. i'm christine romans along with my friend ali velshi. >> i have to tell you. i'm excited of the news of the new planet. it's different. not a political log jam. not pay rolle troll tax plan. new planets! we'll tell you all about it this morning. love it. >> other space cases. >> washington first. washin...

In place for putting together a deal with the united states and other world powers. he made the statement at an international security conference in germany. the optimism may be a bit premature and here is why. negotiators have been floating the idea of making trades with iran. that country would hand over low enriched uranium and in return would get more highly enriched uranium to be used for peaceful purposes only but iran's foreign minister put conditions on the potential deal like this which could make it less likely to be accepted. he said iran should decide how much nuclear fuel should b...

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